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Townhouse vs. single-family house, factors to consider
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Condo vs Townhouse: What Is the Difference? SoFi
WebApr 12, 2024 · Due to the fewer communal expenses, especially in comparison to living in a condo, the monthly fees are lower. Townhomes also don’t offer a wide range of amenities, reducing the HOA fees. 2. Financing and Resale Value. Condos are cheaper to buy than townhomes, because the resident owns only the interior unit. WebSep 6, 2024 · Townhouses normally offer more privacy than condos because you’ll only have neighbors on either side of you, instead of above and below you, too. You’ll also likely have a yard where your kids or pets can play, that’s separate from other common amenities. 4. Homeowners Association Fees WebThe maintenance costs therefore, are much higher for an HOA in a condo development than they are for an HOA in a single-family home development. Similarly, with a townhome, the HOA might have to maintain the exteriors of the buildings and the land around them, increasing its costs of maintenance. In a development of single-family homes, however ... tax collected at source vs tds